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Pigs fly in as China replenishes world's biggest hog herd

Six planes carrying more than 4,000 high-quality French breeding pigs have arrived in China so far this year, the first of an expected dozens of plane-loads as the world's top pork producer rebuilds its decimated hog herd.



4 years ago

Futures pare gains as U.S. weekly jobless claims top 6 million

U.S. stocks index futures gave up early gains on Thursday after the number of Americans filing claims for unemployment benefits topped a whopping 6 million as more jurisdictions enforced stay-at-home measures to curb the coronavirus.



4 years ago

Southwest Airlines to seek aid from U.S. Treasury as demand craters

Southwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid to help it ride out the sharp drop in travel demand caused by the massive lockdowns because of the coronavirus pandemic.



4 years ago

U.S. weekly jobless claims hit record once again

The number of Americans filing claims for unemployment benefits last week shot to a record high for a second week in a row - topping 6 million - as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.



4 years ago

'Dear Elon': Ukraine takes up Tesla's ventilator offer via Twitter

Ukraine has taken to Twitter to ask Elon Musk to send it ventilators after the billionaire chief executive of Tesla Inc offered to ship them across the world during the coronavirus pandemic.



4 years ago

Paying down debt may not be the best way to use your coronavirus stimulus check

Whether you've got debt or other bills to pay, ask these questions to help you make the right decision.

4 years ago

Aerospace suppliers face bailout dilemma over job cuts

Aerospace suppliers are drawing up plans to lay off workers as coronavirus quarantines cripple their cash balances - but bailout conditions and fears of losing critical skilled labor are forcing managements to juggle survival and future growth.



4 years ago

Lights, camera, audit: accountants grapple with remote company check-ups

As audit season begins for British companies, some auditors stuck at home in coronavirus lockdown are turning to cameras to check clients' inventories, plant and equipment for compiling annual accounts.



4 years ago

BlackRock, Schroders suspend UK real estate funds

Investment managers BlackRock and Schroders said they have suspended trading in UK real estate funds aimed at institutional investors, citing difficulty in getting an accurate price for their assets.



4 years ago

Boeing CEO sees lasting impact of coronavirus pandemic on aerospace industry: memo

Boeing Co Chief Executive Dave Calhoun said on Thursday the coronavirus pandemic was going to have a lasting impact on the global aerospace industry, as he outlined steps for a voluntary layoff plan for employees.



4 years ago

JPMorgan CEO Jamie Dimon returns to work after heart surgery

JPMorgan CEO Jamie Dimon is working remotely after the bank announced on March 5 that he had emergency surgery.

4 years ago

Small businesses reinvent themselves to make products needed for the coronavirus crisis

Throughout the U.S., small businesses and nonprofits are retooling to survive — and make a difference — by shifting operations to make products needed in the fight against the coronavirus pandemic.

4 years ago

Russia does not rule out returning to oil talks with Saudi Arabia

Russian Energy Minister Alexander Novak said on Thursday that Moscow may return to oil negotiations with Saudi Arabia after talks collapsed last month, which, coupled with the spread of the new coronavirus, dragged oil prices to their 18-year lows.



4 years ago

Saudi Arabia and Russia signal readiness to cooperate on oil

Saudi Arabia and Russia signalled on Thursday they were ready to cooperate to help stabilise the oil market after calls with U.S. President Donald Trump to discuss the slump in prices triggered by the end of a deal to curb output and a collapse in demand.



4 years ago

Planemakers brace for sharp cuts in wide-body output: sources

Planemakers are looking at drastic cuts in wide-body production amid a slump in demand for the industry's largest jetliners, manufacturing and supplier sources said on Thursday.



4 years ago